The Importance of Luck: Half a month ago, a $167 million ETH

The Importance of Luck:Half a month ago, a $167 million ETH long position was just $28 away from being liquidated [after CZ showcased the $ASTER position, the whale shorted], and now his ETH long position has returned to breakeven.
On 11/21, ETH dropped to a low of $2,623, just $28 away from the liquidation price of his ETH long position at $2,595. Although his ETH and XRP long positions worth $256 million faced a floating loss of up to $44 million, they were not liquidated.
Now, he has basically returned to breakeven, with the floating loss reduced from $44 million to just $3.95 million. ETH has fully returned to breakeven, while XRP is still a bit away.
Address: 0x9eec98d048d06d9cd75318fffa3f3960e081daab

余烬Ember

[Shorting the whale after showing $ASTER holdings in CZ] The luck is quite good: on the 21st, ETH dropped to a low of $2,623, just $28 away from his ETH long liquidation price of $2,595.

After being so close to liquidating his position, the price rebounded. He held on and wasn't liquidated or forced to sell at the bottom.
On the 21st, his long position was down by $44 million, now it's down by $16.13 million, having rebounded by $27.87 million.
If ETH rises to $3,200, he will be able to break even from a $44 million unrealized loss this time.

Address: 0x9eec98d048d06d9cd75318fffa3f3960e081daab

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